Given the following cash flows, what is the IRR? Year 0: -$10,000 Year 1:$2,000 Year 2: $5,000 Year 3: -$5,000 Year 4 $5,000 Year 5: $5,000 Year 6: -$1,000 Year 7: $5,000 Year 8: $5,000 Year 9: $5,000 Year 10: $5,000 (Give your answer in percent format with 2 decimal places.) 21.57 Show: My Answer Correct Answer #4b Resubmit × Incorrect If your company has an external reinvestment rate (epsilon) of 8%, what is the ERR? (Give your answer in percent format with two decimals places.) -18.55 ? %
Given the following cash flows, what is the IRR? Year 0: -$10,000 Year 1:$2,000 Year 2: $5,000 Year 3: -$5,000 Year 4 $5,000 Year 5: $5,000 Year 6: -$1,000 Year 7: $5,000 Year 8: $5,000 Year 9: $5,000 Year 10: $5,000 (Give your answer in percent format with 2 decimal places.) 21.57 Show: My Answer Correct Answer #4b Resubmit × Incorrect If your company has an external reinvestment rate (epsilon) of 8%, what is the ERR? (Give your answer in percent format with two decimals places.) -18.55 ? %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please check the answer and add explanation properly at every steps and solve steps wise

Transcribed Image Text:Given the following cash flows, what is the IRR?
Year 0: -$10,000
Year 1:$2,000
Year 2: $5,000
Year 3: -$5,000
Year 4 $5,000
Year 5: $5,000
Year 6: -$1,000
Year 7: $5,000
Year 8: $5,000
Year 9: $5,000
Year 10: $5,000
(Give your answer in percent format with 2 decimal places.) 21.57
Show:
My Answer
Correct Answer
#4b
Resubmit
× Incorrect
If your company has an external reinvestment rate (epsilon) of 8%, what is the ERR? (Give your answer
in percent format with two decimals places.) -18.55
?
%
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